I agree that this number is down played. People probably lost their unemployment benefits and they count that as a decrease in unemployment- there is no way of measuring how many people are actually looking or a very accurate measure for underemployment.

As far as an extension goes, it is not going to get extended. The State has to be above 9% and it’s supposedly at 8.5% and as more people lose benefits they will say that unemployment has lowered further.

From Chris C:
That is a myth that’s been discussed previously on this blog. The unemployment rate is determined by statistical sampling, and people who are not receiving unemployment benefits ARE included.

Can’t believe that the region lost 400 private sector jobs in a year. Acting Mayor McCarthy has been screaming for months that he created 5,000 private sector jobs in Downtown Schenectady. Something must be wrong.